Thursday, February 17, 2011

DailyMarkets.com - Excellent 4Q Results At Dr Pepper

DailyMarkets.com - Excellent 4Q Results At Dr Pepper

Excellent 4Q Results At Dr Pepper

Posted: 17 Feb 2011 12:35 PM PST

Dr Pepper Snapple Group Inc. (NYSE:DPS) reported fourth-quarter 2010 adjusted earnings of 67 cents per share, compared with 44 cents in the year-ago period. Quarterly earnings also topped the Zacks Consensus Estimate of 64 cents.
For fiscal 2010, the company reported adjusted earnings increased 21.8% to $2.40 per share compared to $1.97 in the previous fiscal. The yearly adjusted earnings also outpaced the Zacks Consensus Estimate by 3 cents.
During the quarter, Dr Pepper’s net sales grew 4.1% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EPD Fails To Meet Consensus

Posted: 17 Feb 2011 12:05 PM PST

Enterprise Products Partners LP (NYSE:EPD) reported fourth quarter 2010 earnings per limited units of 33 cents, missing the Zacks Consensus Estimate of 44 cents and deteriorating from the year-earlier earnings of 37 cents.
However, full-year 2010 earnings improved 16% year over year to $1.15 per unit, but still fell way short of the Zacks Consensus Estimate of $1.87. In 2010, natural gas liquid (NGL), crude oil, refined products and petrochemical pipeline volumes as well as natural gas pipeline … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Nexen Lags Earnings Estimate

Posted: 17 Feb 2011 12:05 PM PST

Nexen Inc.'s (NYSE:NXY) fourth-quarter 2010 earnings from continuing operations were 40 US cents (41 Canadian cents) per share, which missed the Zacks Consensus Estimate of 41 US cents and was below 47 US cents earned in the prior-year quarter.
Quarterly cash flow from operations was US$1.03 (C$1.04) per share, down 35% year over year due to lower production and lower marketing contribution and adjustments to the annual cash tax provision in the U.K. However, it increased sequentially by 13% on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

BTV Issues Video On Pelangios Ghana Properties

Posted: 17 Feb 2011 12:05 PM PST

Steven Ralston, CFA
BTV issues video on Pelangio’s Ghana properties
BTV (Business Television) created a video explaining Pelangio's (PX.V: TSX-V and PGXPF: OTCBB) exploration plans for its Ghana properties. The 7 minute video clip briefly explains Pelangio's plans and expectations in Ghana. It is difficult for investors and analysts to travel to Ghana and "kick the tires" when performing their due diligence. This video provides a sense of the company's exploration plans and the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

BTV Issues Video On Pelangios Ghana Properties

Posted: 17 Feb 2011 12:05 PM PST

Steven Ralston, CFA
BTV issues video on Pelangio’s Ghana properties
BTV (Business Television) created a video explaining Pelangio's  exploration plans for its Ghana properties. The 7 minute video clip briefly explains Pelangio's plans and expectations in Ghana. It is difficult for investors and analysts to travel to Ghana and "kick the tires" when performing their due diligence. This video provides a sense of the company's exploration plans and the environment in this African … [visit site to read more] or compare Best Credit Cards and Best CD Rates

CBS Corp. Beats Estimates

Posted: 17 Feb 2011 12:05 PM PST

CBS Corporation's (NYSE:CBS) continued effective operating and cost-containment efforts helped post strong fourth-quarter 2010 results, beating the Zacks' expectations. The quarterly earnings of 46 cents a share outdid the Zacks Consensus Estimate of 44 cents and surged 77% from 26 cents earned in the year-ago quarter.
Quarter Highlights
CBS has made a positive comeback in each quarter in 2010 outshining its performances in the previous quarters. CBS Corporation indicated that the advertising … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Core CPI Up, But Still Tame

Posted: 17 Feb 2011 12:05 PM PST

The Consumer Price Index (CPI) rose by 0.4% in January, The same pace as in December (after December was revised down to 0.4% from 0.5%). The CPI increased by just 0.1% in November, so the past two months are a bit of an acceleration. While that sounds bad, year over year it is up just 1.6%.

Energy Prices

Looking a little bit deeper, the problem is mostly with energy prices, which surged 2.1% on top of a 4.0% increase in December. Overall, energy prices are up 7.3% year over year. Actually … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down In U.S. Trade

Posted: 17 Feb 2011 12:05 PM PST

Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Thursday.

USD/CAD was trading at 0.9845, down 0.03% at time of writing.

The pair was likely to find support at 0.9816, today's low, and resistance at 0.9904, Tuesday's high.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.28% to hit 1.3606 and GBP/USD rising 0.48% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Decent 4Q For NVIDIA

Posted: 17 Feb 2011 11:35 AM PST

NVIDIA Corp. (NASDAQ:NVDA) reported fourth-quarter fiscal 2011 earnings per share of 23 cents, exceeding the Zacks Consensus Estimate of 21 cents.
 Revenues
The company reported fourth quarter revenues of $886.4 million, up 5.0% from the prior quarter and down 9.8% from the comparable quarter in the prior year. The Graphic Processing Unit (GPU) business of the company moved up 5.5%, while MCP revenue fell significantly as the company entered the final phase of the business.
The Consumer … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“Car Scalping”: Chevy Volts Selling Above List Price

Posted: 17 Feb 2011 11:21 AM PST

AutoBlog — “Even though some Chevrolet dealers were warned not to sell the Volt above the MSRP, there is a distinct trend around the country where some dealers are trying to make a few extra (thousand) bucks off the popular plug-in vehicle. In fact, Ward’s Auto found a dealer in Florida that is listing a Volt at $65,590. That’s a wee bit more than the car’s $41,000 suggested retail price.”

Here’s an example of the “car scalping” taking place now on Ebay (selling a car above its “face value” … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Short-Term Technicals Extended

Posted: 17 Feb 2011 11:18 AM PST

Cusick's Corner
The S&P is up 4% so far this month and it's on a 9 session winning streak of finishing in the green. This leaves short-term technicals a little extended but it looks like there are no signals of this developing into pressure on the current bullish trend. If you watched the overnight and the open today, things have been on the quiet side even after worse than expected data (higher initial & continuous claims). Geopolitical events have led to a slightly weaker tone but … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up In U.S. Trading Hours

Posted: 17 Feb 2011 11:15 AM PST

Forex Pros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

EUR/USD was trading at 1.3597, up 0.21% at time of writing.

The pair was likely to find support at 1.3429, Monday's low, and resistance at 1.3619, today's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted 410.00K last week from 385.00K in the preceding week whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Big Bearish Play Pops Up In Vale Options

Posted: 17 Feb 2011 11:06 AM PST

Big bearish play pops up in Vale options
Today’s tickers: VALE, BID, EBAY & YGE
Vale S.A. (VALE) – Shares in the Brazilian iron ore producer increased as much as 0.82% thus far in the session to secure an intraday high of $35.60, but a massive three-legged options combination play in the May contract suggests one big player is prepared to see the stock pull back ahead of expiration. The investor appears to have sold in- and out-of-the-money calls in order to purchase a large number of put … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Charting The Cross Market Inflation Fallout From QE2 Stimulus

Posted: 17 Feb 2011 10:40 AM PST

The topic of QE2 and endlessly rising markets has been the talk of the town lately – and for very good reason.
Let's take a quick objectively look at some of the cross-market charts with a focus on trend and percentage change since the July period, including August 27th when the first rumors of QE2 began.
You know that markets are up, but do you know by how much?  You might very well be surprised.
Here's the big winners from mid-2010 to present:

The logic of the charts is the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Apache Net Up, Stumbles On Est.

Posted: 17 Feb 2011 10:35 AM PST

U.S. Energy firm Apache Corp. (APA) reported weaker-than-expected fourth-quarter results, mainly due to higher lease operating expenses.
Earnings per share, excluding one-time items, came in at $2.19, below the Zacks Consensus Estimate of $2.44, while revenues of $3.4 billion missed our projection by 1.1%.
However, compared to the year-ago period, Apache's adjusted earnings per share improved 11.7% (from $1.96 to $2.19) and quarterly revenue rose 34.4% (from $2.6 billion to $3.4 billion), … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“Market Has Solid Footing…will Be Inching Higher”

Posted: 17 Feb 2011 10:35 AM PST

02/17/11 Meridian Equity Partners’ Joseph Greco discusses the major stock averages extending gains to multi-year … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Up In U.S. Trade

Posted: 17 Feb 2011 10:35 AM PST

Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Thursday.

AUD/USD was trading at 1.0118, up 0.86% at time of writing.

The pair was likely to find support at 0.9944, Tuesday's low, and resistance at 1.0130, today's high.

Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.61% to hit 1.3445 and AUD/JPY rising 0.39% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Up During The U.S. Session

Posted: 17 Feb 2011 10:00 AM PST

Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday.

NZD/USD was trading at 0.7594, up 0.62% at time of writing.

The pair was likely to find support at 0.7504, Tuesday's low, and resistance at 0.7602, today's high.

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.35% to hit 1.3332 and EUR/NZD falling 0.42% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GBP’s Seesaw Battle Continues, As Rate Expectations Fluctuate

Posted: 17 Feb 2011 09:56 AM PST

The GBP rallied today after comments by Bank of England MPC member Andrew Sentance again called for higher rates to battle inflation.
The GBP fell yesterday initially after the release of the Quarterly Inflation Report, as Mervyn King said the bank was not pre-committed to a rate increase and that people were getting ahead of themselves in terms of pricing in rate hikes. Still, tough rhetoric aside, analysts and traders have a legitimate claim for moving up their expectations for an interest … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Markets Mixed At Close; Dax Down 0.12%

Posted: 17 Feb 2011 09:55 AM PST

Forex Pros – European stocks were mixed after the closing bell on Thursday.

At the close of European trade, Germany's DAX fell 0.12%, London's FTSE 100 gained 0.03%, France's CAC 40 climbed 0.03% and the EURO STOXX 50 was up 0.09%.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted 410.00K last week from 385.00K in the preceding week whose figure was revised up from 383.00K.

Analysts had expected Initial Jobless … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sterling Resources And EnCore Oil Prepare For Further Drilling At Cladhan

Posted: 17 Feb 2011 03:04 AM PST

AIM listed oil and gas group Encore Oil (LON:EO.) this morning reported that drilling was expected to start in the next few days on appraisal wells close to the Cladhan oil discovery in the UK Northern North Sea. Sterling Resources (TSX-V:SLG), the Canadian operator on the block, reported that a rig was currently being mobilised to the site. The aim of the appraisal programme is to drill further down dip, looking for deeper oil in the structure to the east of previous wells drilled there.

The … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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